(A) The owner of a parcel of property otherwise required to pay a sanitary sewer facilities fee under § 16.25.051 shall receive a development fee credit when that owner constructs a sanitary sewer improvement identified in the Sewer Plan, regardless of how it may be financed and which serves the owner’s parcel or parcels. The development fee credit shall offset, on a proportionate basis without interest, the sanitary sewer facilities fee required to be paid under § 16.25.051.
(B) The amount of the development fee credit shall not exceed the city’s most recent estimated cost of constructing the facility, or the portion of the facility actually completed, by contract or utilizing city forces.
(C) The owner of a parcel of property within the South Corona area may be further entitled to a development fee credit where the city determines on a case-by-case basis prior to construction of an improvement that the construction of a major sewer facility or a portion thereof will be necessary to provide basic services to the entire South Corona area even though it does not directly serve the owner’s project or is of greater capacity than that required to serve the owner’s project adequately.
(D) The amount of the development fee credit shall be determined after inspection and acceptance of the sewer facility at the time of payment of the sanitary sewer facilities fee under § 16.25.051.
(E) If an owner pays the sewer fee assessed under § 16.25.031 and later elects to accelerate development by independently constructing sewer facilities required for the project, the owner may apply for and receive a refund, up to the amount of the sewer fee required under § 16.25.051, for such facilities after those facilities are certified by the City Engineer as complying with the Sewer Plan, city ordinances and applicable law.
(F) To the extent that an owner is granted a development fee credit, such owner shall not be entitled to future reimbursement except as provided in § 16.25.054.
(G) A development fee credit is an obligation of the city that runs with the land and inures to the benefit of each successor-in-interest of the original landowner until full credit has been received.
(`78 Code, § 16.25.053.) (Ord. 1944 § 1 (part), 1989.)